Page 6 - CityofColleyvilleFY23AdoptedBudget

Adopted Budget Cover Page

City of Colleyville

Fiscal Year 2022-2023
Budget Cover Page

This budget will raise more revenue from property taxes than last year's
budget by an amount of $202,730 which is a 1.3 percent increase from last
year's budget. The property tax revenue to be raised from new property

added to the tax roll this year is $202,730.

The members of the governing body voted on the budget as follows:

FOR: Bobby Lindamood, Kathy Wheat, Brandi Elder, George Bond, George Dodson,
Chuck Kelley, Callie Rigney

AGAINST: None

PRESENT and not voting: None

ABSENT: None

Property Tax Rate Comparison
2022-2023 2021-2022
Property Tax Rate: $0.265618/100 $0.291778/100
No-New-Revenue (Effective) Tax Rate: $0.265618/100 $0.291778/100
No-New-Revenue Maintenance & Operations
Rate: $0.256026/100 $0.280687/100
Voter-Approval (Rollback) Tax Rate: $0.300135/100 $0.301602/100
Debt Rate: $0.009592/100 $0.011091/100

Total debt obligation for City of Colleyville secured by property taxes: $769,010

City of Colleyville | Budget Book 2023 Page 6